Guideline Value for MARIYAMMAN NAGAR

Mariyamman Nagar guideline value

The current guideline value of Mariyamman Nagar is Rs 100 per sq.ft as per the 2023 revision. This area falls under Bearathur village and is classified as Residential Class V Type - II. The relevant registration office is the Tiruvallur Joint 1 SRO.

How the guideline value of Mariyamman Nagar has changed

The guideline value register for Mariyamman Nagar shows no figures for the years 2002, 2003, 2007, 2012, and 2017. The most recent revision in 2023 established the guideline value at Rs 100 per sq.ft.

Since there are no figures available for the previous revisions, the only guideline value currently recognized for Mariyamman Nagar is from the 2023 revision. There have been no changes between the revisions listed above.

Guideline values in Bearathur

Currently, there are no specific village figures available for Bearathur. The guideline value of Mariyamman Nagar is Rs 100 per sq.ft. There are no other streets in Bearathur listed under the Tiruvallur Joint 1 SRO.

Stamp duty and registration fee for property in Mariyamman Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 100 per sq.ft, the total guideline value would be Rs 1,00,000. The stamp duty at 7% would amount to Rs 7,000, and the registration fee at 2% would be Rs 2,000, bringing the total to Rs 9,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for accurate calculations.

Which Sub Registrar Office covers Mariyamman Nagar?

The Sub Registrar Office that covers Mariyamman Nagar is the Tiruvallur Joint 1 Sub Registrar Office, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Bearathur

The guideline value is a crucial factor in the registration process when buying or selling property in Bearathur. It serves as a reference point for calculating stamp duty and registration fees, ensuring that these costs are based on a standardized valuation.

When a property transaction occurs, the guideline value is compared to the sale price. The higher of the two is used to determine the applicable stamp duty and registration fees, which are mandatory for completing the registration process.

Frequently asked questions

What is the current guideline value of Mariyamman Nagar?

The current guideline value of Mariyamman Nagar is Rs 100 per sq.ft as per the 2023 revision.

What is the land classification of Mariyamman Nagar?

Mariyamman Nagar is classified as Residential Class V Type - II. This classification helps in determining the guideline value and other regulatory aspects of the property.

What are the registration fees for property transactions in Mariyamman Nagar?

The registration fees for property transactions in Mariyamman Nagar include a stamp duty of 7% and a registration fee of 2% based on the higher of the guideline value or sale price.

Where is the Tiruvallur Joint 1 SRO located?

The Tiruvallur Joint 1 Sub Registrar Office is located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001. This office handles all registrations for properties in Mariyamman Nagar.

How often is the guideline value revised?

The guideline value is revised periodically, with the most recent revision for Mariyamman Nagar occurring in 2023. There are no figures available for the revisions in the years 2002, 2003, 2007, 2012, and 2017 for this street.